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Trump advisor set to lead Inter-American Development Bank
News
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News
4133 views

Trump advisor set to lead Inter-American Development Bank

AFP - September 11, 2020

An advisor to U.S. President Donald Trump is set to take the helm of the Inter-American Development Bank, potentially ending decades of Latin American leadership, the institution…

Unemployment in Costa Rica continues climbing to record highs
Costa Rica
2053 views
Costa Rica
2053 views

Unemployment in Costa Rica continues climbing to record highs

AFP and The Tico Times - September 11, 2020

Unemployment in Costa Rica reached 24.4% in the moving quarter from May to July, the highest ever recorded in the country, as a result of the economic…

Former Costa Rican president Laura Chinchilla withdraws candidacy for IDB presidency
Financial crisis
4134 views
Financial crisis
4134 views

Former Costa Rican president Laura Chinchilla withdraws candidacy for IDB presidency

AFP - September 3, 2020

The former president of Costa Rica, Laura Chinchilla, withdrew her candidacy for the presidency of the Inter-American Development Bank (IDB), the government announced Thursday. "Former President Chinchilla…

Costa Rica asks IMF for assistance due to impacts of pandemic
Costa Rica
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Costa Rica
801 views

Costa Rica asks IMF for assistance due to impacts of pandemic

AFP - August 30, 2020

Costa Rica on Saturday asked the International Monetary Fund (IMF) to begin negotiations for a three-year assistance agreement, in which the government would agree to apply fiscal…

U.S. and 16 other countries refuse to postpone elections for IDB president
Financial crisis
4166 views
Financial crisis
4166 views

U.S. and 16 other countries refuse to postpone elections for IDB president

Alina DIESTE / AFP - August 19, 2020

The United States and 16 countries on Tuesday refused to postpone the election of the next president of the Inter-American Development Bank (IDB), in a boost to…

Costa Rica temporarily withdraws 10 law projects to streamline IMF loan
Costa Rica
761 views
Costa Rica
761 views

Costa Rica temporarily withdraws 10 law projects to streamline IMF loan

Alejandro Zúñiga - August 18, 2020

The Costa Rican Presidency has withdrawn 10 law projects in an effort to streamline the path toward a $504 million loan from the International Monetary Fund. A…

Costa Rica supports postponing election for new IDB president
Financial crisis
4103 views
Financial crisis
4103 views

Costa Rica supports postponing election for new IDB president

AFP - August 8, 2020

Costa Rica, which has presented a candidate to preside over the Inter-American Development Bank (IDB), supported a push to postpone the assembly in which members will vote…

Unemployment in Costa Rica reaches 24%, the highest in its history
Costa Rica
2016 views
Costa Rica
2016 views

Unemployment in Costa Rica reaches 24%, the highest in its history

AFP and The Tico Times - August 6, 2020

Unemployment in Costa Rica reached 24% in the April-June quarter, the highest on record, as the country continues to suffer the economic effects of the coronavirus pandemic.…

BCCR now predicts 5% fall in Costa Rica GDP for 2020
Costa Rica
656 views
Costa Rica
656 views

BCCR now predicts 5% fall in Costa Rica GDP for 2020

Alejandro Zúñiga - July 31, 2020

Costa Rica's Gross Domestic Product (GDP) is expected to shrink by 5% due to the COVID-19 pandemic, according to updated predictions from the Central Bank (BCCR). The…

Pandemic could widen economic gender gap, IMF warns
Costa Rica
1881 views
Costa Rica
1881 views

Pandemic could widen economic gender gap, IMF warns

AFP and The Tico Times - July 21, 2020

The coronavirus pandemic could jeopardize progress made by women over the last three decades in narrowing the economic gap between themselves and their male counterparts, the International…